Delaware – Legislation Amends General Corporation Law and Insurance Holding Company Act
Senate Bill 203 (Chapter 279) signed by the governor and effective February 7 amended the General Corporation Law to authorize Delaware corporations to purchase and maintain directors and officers liability insurance by or through captive insurance companies. https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocumentEngrossment?engrossmentId=24902&docTypeId=6
House Bill 272 (Chapter 272) signed by the governor and effective February 7 amended the Insurance Holding Company System Registration Act to include changes adopted by the National Association of Insurance Commissioners. https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=79049&legislationTypeId=1&docTypeId=2&legislationName=HB272
Costa Rica – Tax Return for Inactive Companies Due by March 15, 2022
All inactive companies in Costa Rica must file a simplified income tax return before March 15, 2022 in accordance with the Income Tax Law (No. 7092). This procedure should be carried out with your tax professional and can be completed virtually through the platform Virtual Tax Administration (ATV) on the Ministry of Finance’s website using Form D-101 (Simplified Tax Declaration). Additional information can be found at https://www.hacienda.go.cr/